Hi Guys and Girls
Having visited the forum for sometime I have signed up today and joined the register!
Like many of you, selling my first CSL was a mistake and I have rectified this issue by having another.
As the car has been enjoyed over the last few years and was bought by me without a warranty I spent some time surfing last night at warranty options.
Warranty Direct seem to no longer do cover for any M3. The supermarket style warranties are not sufficient. However Warranty Wise have come up with the goods!
With Quentin Wilson's endorsement their approach to warranties seems to be very good in that they recognise the reputation warranty companies have and have created in my mind a unique selling proposition that is honest and represents good value for money.
Here is what I took out.
I remember the BMW policy on my last car was circa £1000 so this should be a good alternative especially for those of us buying cars without warranties and the option of buying a policy from a dealer is prohibitevely expensive.
I am not trying to promote the company but feel that if I have had good service or find a good product that may benefit others it is worth sharing the news.
Jonathan
Having visited the forum for sometime I have signed up today and joined the register!
Like many of you, selling my first CSL was a mistake and I have rectified this issue by having another.
As the car has been enjoyed over the last few years and was bought by me without a warranty I spent some time surfing last night at warranty options.
Warranty Direct seem to no longer do cover for any M3. The supermarket style warranties are not sufficient. However Warranty Wise have come up with the goods!
With Quentin Wilson's endorsement their approach to warranties seems to be very good in that they recognise the reputation warranty companies have and have created in my mind a unique selling proposition that is honest and represents good value for money.
Here is what I took out.
- 12 month policy that covers anything electrical and mechanical up to the value of the car.
- Excess (voluntary) is £50
- Mileage of car is irrelevant
- You can make a claim the day after the policy starts. Many companies like 1-3 months before you can claim. Only exception is that they will not cover a wear item like a clutch failing in the first 30 days.
- They do not have a beterment clause where some companies want you to contribute if you for example get a new gearbox on a car that had 90000 miles and was therefore better than the tired one you had
- You can set the labour rate and the policy premium reflects this. I went for £60 per hour which should be enough for a good independent
- The cost is £552 per annum with an option to pay it interest free over 3 months.
I remember the BMW policy on my last car was circa £1000 so this should be a good alternative especially for those of us buying cars without warranties and the option of buying a policy from a dealer is prohibitevely expensive.
I am not trying to promote the company but feel that if I have had good service or find a good product that may benefit others it is worth sharing the news.
Jonathan


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